|BankMuscat Deploys Nucleus Software’s FinnOne Collections
IT News Online Staff
Nucleus Software Exports Ltd., a provider of integrated software products for banks and financial institutions, announced the successful implementation of FinnOne at the headquarters of BankMuscat, the leading financial services provider in the Sultanate of Oman.
The bank selected Nucleus’ FinnOne Collections module to do away with any manual intervention in the collections process and improve operational efficiencies across the collections operations.
With assets worth over $15 billion, BankMuscat (SAOG) is the leading financial services provider in Oman. It offers retail and corporate loans, auto loans, home loans and credit cards. BankMuscat selected FinnOne Collections because of its state-of-the-art modules and Nucleus’ vast implementation experience.
Abdul Kader Al Balushi, Group DGM - Credit, BankMuscat, said, "Such projects require constant support and involvement from the supplier organization. We believe that Nucleus Software will be able to match our expectations and partner with us in our growth by optimizing our operational efficiencies across the collections operations."
"We chose FinnOne as it enjoys an excellent track record for comprehensive functionalities of its modules," added Balushi.
Vishnu R. Dusad, CEO and MD, Nucleus Software Exports Ltd., said, "BankMuscat’s successful implementation of FinnOne is yet another endorsement of our leadership in the lending technology space. With our unstinted focus on IPR creation and technology enhancement, we have been successful in equipping the banks and financial institutions with the best technologies to enhance their competitive edge and customer focus."